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NASDAQ: INM Suite 310-815 W. Hastings St. Vancouver, BC, Canada V6C 1B4 Tel: +1.604.669.7207 Email: info@inmedpharma.com www.inmedpharma.com InMed Announces Publication of Peer-Reviewed Study Showing the Anti-Inflammator

Key Takeaway: InMed Pharmaceuticals announced the publication of a peer-reviewed study highlighting the anti-inflammatory potential of rare cannabinoids for treating skin conditions. The study, published in the International Journal of Molecular Sciences, details the biochemical mechanisms through which cannabinoids like THCV and CBGA exhibit inflammation-blocking properties. This follows InMed's ongoing commitment to exploring the therapeutic applications of rare cannabinoids, enhancing understanding of their pharmacological properties. The research opens new avenues for potential treatments of conditions such as atopic dermatitis and psoriasis.

Market Sentiment Analysis

POSITIVE FACTORS

  • Publication of a peer-reviewed study adds credibility to research.
  • Study demonstrates significant anti-inflammatory effects of rare cannabinoids.
  • Potential application in treating various skin conditions.
  • Collaboration with academic experts strengthens research validity.

Full Press Release Details

InMed Announces Publication of Peer-Reviewed
Study Showing the Anti-Inflammatory Potential of Rare Cannabinoids in Skin Conditions
Vancouver, BC - March 13, 2023 - InMed
Pharmaceuticals Inc. ("InMed" or the "Company") (Nasdaq: INM), a leader in the pharmaceutical
research, development and manufacturing of rare cannabinoids and cannabinoid analogs, today announced that a peer-reviewed scientific
study entitled "Rare phytocannabinoids exert anti-inflammatory effects on human keratinocytes via the endocannabinoid system
and MAPK signalling pathway" has been published in the International Journal of Molecular Sciences. This is the second such
Company-sponsored study to demonstrate the anti-inflammatory effects of rare cannabinoids and their potential application for the
treatment of skin conditions such as atopic dermatitis, psoriasis, pruritus, and acne.
The study, conducted in collaboration with Dr.
Mauro Maccarrone at the Universit degli Studi dell'Aquila, investigates the anti-inflammatory effects of the rare cannabinoids,
cannabichromene (CBC), 9-tetrahydrocannabivarin (THCV), cannabigerol (CBG) and cannabigerolic acid (CBGA) on inflamed human
keratinocytes (HaCaT cells) and elucidates the potential mechanism of action associated with these compounds in the skin.
demonstrate these rare cannabinoids significantly blocked inflammation by reducing the release of tested pro-inflammatory interleukins,
including IL-1 , IL-8, IL-12, IL-31, IL-10 and tumor necrosis factor (TNF- ). Results showed that THCV and CBGA act synergistically
with the endocannabinoid system elements to activate anti-inflammatory effects. This demonstration of the mechanism of action opens new
perspectives for possible treatments of inflammation-related skin conditions.
"This study provides further evidence of
the ability of rare cannabinoids to exert anti-inflammatory effects in human keratinocytes through modifications of the endocannabinoid
system and MAPK signalling," said InMed's scientific advisor, Dr. Mauro Maccarrone, Professor and Chair of Biochemistry at
the Department of Biotechnological and Applied Clinical Sciences, University of L'Aquila, Italy. "Results from this study
demonstrate important mechanisms of biological effects of rare cannabinoids and support the therapeutic potential of THCV and CBGA on
inflammation-related skin conditions."
"Research into the biological activity of
the rare cannabinoids has been limited to date and InMed continues to support this foundational research to further understand the pharmacological
properties of these rare cannabinoids," said Dr. Eric Hsu, Senior VP, Preclinical Research and Development. "As we continue
to build our pipeline of rare cannabinoid and cannabinoid analog therapeutics, evidence demonstrating the specific biological activity
will be key in the selection and advancement of our programs."
The peer-reviewed publication can be found here:
This study is a follow-on
to a previously announced peer-reviewed publication in June 2022 analyzing the effects of
various rare cannabinoids on the major endocannabinoid system elements in skin cells.
InMed is developing a pipeline of rare cannabinoids
and cannabinoid analogs across a spectrum of therapeutic applications with large unmet medical needs. Our pharmaceutical programs include
a Phase 2 clinical trial studying the safety and efficacy of cannabinol (CBN) cream for epidermolysis bullosa and preclinical programs
in glaucoma and neurodegenerative disease.
InMed Pharmaceuticals is a global leader
in the research, development and manufacturing of rare cannabinoids, including clinical and preclinical programs targeting the treatment
of diseases with high unmet medical needs. We also have significant know-how in developing proprietary manufacturing approaches to produce
cannabinoids for various market sectors. For more information, visit www.inmedpharma.com.
Vice President, Investor Relations
and Corporate Communications
Cautionary Note Regarding Forward-Looking Information:
This news release contains "forward-looking
information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning
of applicable securities laws. Forward-looking information is based on management's current expectations and beliefs and is subject to
a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.
Forward-looking information in this news release includes statements about: showing the anti-inflammatory potential of rare cannabinoids
in skin conditions; supporting the therapeutic potential of rare cannabinoids in inflammatory skin conditions such as atopic
dermatitis, psoriasis, pruritus, and acne; possible mechanisms of action on how rare cannabinoids can interact with specific skin-related
endocannabinoid receptors; blocking inflammation by reducing the release of tested pro-inflammatory
interleukins, including IL-1 , IL-8, IL-12, IL-31, IL-10 and tumor necrosis factor; showing that THCV and CBGA act synergistically
with the endocannabinoid system elements to activate anti-inflammatory effects; demonstrating the mechanism of action opens new perspectives
for possible treatments of inflammation-related skin conditions; continuing to build our pipeline of rare cannabinoid and cannabinoid
analog therapeutics; developing a pipeline of rare cannabinoids and cannabinoid analogs across a spectrum of therapeutic applications
with large unmet medical needs; having significant know-how in developing proprietary manufacturing approaches to produce cannabinoids
for various market sectors.
Additionally, there are known and unknown risk
factors which could cause InMed's actual results, performance or achievements to be materially different from any future results, performance
or achievements expressed or implied by the forward-looking information contained herein. A complete discussion of the risks and uncertainties
facing InMed's stand-alone business is disclosed in InMed's Annual Report on Form 10-K and other filings with the Securities
and Exchange Commission on www.sec.gov.
All forward-looking information herein is qualified
in its entirety by this cautionary statement, and InMed disclaims any obligation to revise or update any such forward-looking information
or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results,
events or developments, except as required by law.

Frequently Asked Questions

What recent study did InMed publish?

InMed published a study on rare cannabinoids' anti-inflammatory effects in skin conditions.

Which cannabinoids were studied for their effects?

The study focused on cannabichromene (CBC), THCV, CBG, and CBGA.

What skin conditions may benefit from rare cannabinoids?

Potential benefits include treatment for atopic dermatitis, psoriasis, pruritus, and acne.

Who collaborated on the study?

Dr. Mauro Maccarrone from the University of L'Aquila collaborated with InMed.

How do rare cannabinoids affect inflammation?

They block inflammation by reducing pro-inflammatory interleukin release.

Last updated: Mar 13, 2023